#United States #Delray Beach #security technology #Video Surveillance #AI Cameras

US Video Surveillance Market to Surge to $18.06 Billion by 2030

According to a recent report by MarketsandMarkets, the United States video surveillance market is on a remarkable growth trajectory. Anticipated to reach a value of $18.06 billion by 2030, the market is expected to exhibit a strong compound annual growth rate (CAGR) of 8.2% from its valuation of $11.27 billion in 2024.

Key Factors Driving Growth

The primary driver behind this growth can be attributed to a significant increase in security-related concerns across various sectors including government, retail, transportation, and vital infrastructure. The integration of advanced technologies such as artificial intelligence (AI), facial recognition software, and cloud-based storage solutions is enhancing surveillance capabilities, which further fuels market expansion. For instance, the implementation of AI-powered cameras in smart cities like New York and Chicago demonstrates the innovative trends gaining traction in the industry.

Regulatory Landscape

Understanding the regulatory environment surrounding the implementation of video surveillance systems is crucial. Various laws and regulations are put in place to ensure the ethical use of these technologies and to safeguard the privacy rights of citizens while improving public safety. Key regulations related to video surveillance in the US must be navigated carefully by authorities to maintain a balance between security enhancement and privacy protection.

Growing Deployment of CCTV and Surveillance Cameras

The increasing number of video surveillance systems showcases a heightened public awareness regarding safety. In 2024, 15.4 million CCTV cameras are expected to be shipped, with projected numbers reaching 26.1 million by 2030. This upward trend reflects a rise in safety consciousness along with a corresponding investment in smart infrastructure initiatives; more than $1.2 billion was allocated for urban security enhancements across various US municipalities in 2024.

Innovative Product Launches

The industry’s momentum is further backed by groundbreaking product launches. For instance, Motorola Solutions unveiled augmented-reality AI-enhanced video surveillance cameras under its Avigilon brand in 2024. Likewise, Hanwha Vision announced a $50 million investment in Texas to expand the production of advanced IP cameras, mirroring the overall enthusiasm and commitment to meeting escalating demand within the sector.

Wireless Technology Dominance

In the upcoming years, wireless camera systems are anticipated to dominate the US video surveillance market. Their versatility, ease of installation, and compatibility with smart technologies like Internet of Things (IoT) and AI make them highly appealing. Backing this notion, venture funds invested over $300 million in startups concentrating on next-generation wireless camera systems in 2025. Companies like Ring LLC have enhanced their offerings with continuous recording capabilities, while Eufy's S330 has made headlines as a fully autonomous LTE-powered camera with solar power capabilities and panoramic views.

Commercial Sector Leadership

The commercial sector emerged as the largest contributor to the US video surveillance market in 2024. Retail, office spaces, and hospitality venues are increasingly investing in security infrastructure due to rising threats such as theft and vandalism. Notably, Walmart allocated millions to upgrade its in-store surveillance systems with AI-enabled technology in 2024. Regulatory measures mandating heightened security in public-facing businesses further catalyzed the adoption of sophisticated video systems, particularly in the banking industry, which has made substantial investments in response to the stricter 2023 cybersecurity regulations.

Conclusion

In summary, the US video surveillance market is gearing up for an impressive leap forward, reaching $18.06 billion by 2030. With sustained advancements in technology, increasing public safety concerns, and growing regulatory compliance, this sector stands poised for significant developments in the coming years. Major players, including Hangzhou Hikvision, Dahua Technology, and Motorola Solutions, are leading the charge in innovating security solutions for an ever-evolving landscape.